USD/CHF Technical Analysis

(0,9175) The USD/CHF confirmed further consolidation interior the negative outside day with 0,9265 – 0,9100 still the levels to follow in the coming hours. Only a daily closing above 0,9265 will support a resumption of the move up. The indicators of the daily chart are still well negative but recovering while those of the s/t ones remain mixed to positive suggesting further consolidation/ correction. In the s/t we expect another possible test on the upside, scenery that only a move above 0,9250 will be able to postpone!! While waiting for stronger signals we follow the outside day.
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Click here to read the full report: USDCHF 2012-02-03

 

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